Area Intelligence

TROPICANA AVNUE - PJU3

4 properties
2021
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Median Price
RM 615,000
PSF: RM 932

Residential Market

Median Price

RM 612,000

IQR: RM 57
MAD: RM 27
RM 932 PSF 2.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 975,000

IQR: RM 740
MAD: RM 347
RM 1,042 PSF 1.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TROPICANA AVNUE - PJU3 in Petaling, Selangor recorded 4 subsale transactions in 2021, with a median price of RM 615K and a median price per square foot (PSF) of RM 932.

This area contains both residential and commercial properties. View 20 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 615K, with most transactions falling within a stable range of RM 594K to RM 937K, and a typical market range of RM 594K to RM 781K.

Most transactions involved service apartment, with moderate diversity in property types available.

Price per square foot shows a median of RM 932, though individual units vary from RM 687 to RM 1,177 in the core range. The broader market spans RM 883.25 to RM 980.75, indicating diverse property characteristics. A wider spread (IQR: RM 97.50) and deviation (MAD: RM 245) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TROPICANA AVNUE - PJU3, Petaling, Selangor

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Transactions

4 properties grouped by size

650 sqft
2 units Service Apartment
RM 630,000
657 sqft · RM 959.00 PSF
Dec 2021
RM 594,000
657 sqft · RM 905.00 PSF
Jul 2021
850 sqft
1 units Office Lot
RM 600,000
850 sqft · RM 706.00 PSF
Oct 2021
1,000 sqft
1 units Shop/Retail Lot
RM 1,350,000
980 sqft · RM 1,378.00 PSF
Mar 2021